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$375,000 Just Listed

  • For Sale
  • Under Contract
  • Single Family
  • 2,675 Sq. Ft.
  • Updated 1 day ago
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Rare incredible Turn-key Triplex Investment Opportunity in Historic Wilmington! Immediate Gross Annual Income is over $45K from day one! This triplex building offers two 2B1B units (both are section 8 tenants) and one 1B1B unit, each unit is spacious with 2 levels and separate entrance. All units are recently remodeled with water and scratch proof plank floors, fresh paints, updated bathrooms and kitchens. Gas and electric are separately metered and paid by the tenants, while the owner pays only for water. Property is being sold As-Is, inspections are for informational purposes only, no repairs will be made. Out of respect for the current residents, showings are limited and require advance notice. Please contact the listing agent to schedule your private tour. Limited Showing Times Only.

Full Property Details for 2423 N Madison St

General

  • Price: $375,000
  • Taxes: $3,992 (2025)
  • Status: Under Contract
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: DENC2112648
  • Updated: 10/9/2026
  • Added to Site: 4 day(s) ago

Parking

  • Parking Type: On Street

Location

  • Area: Wilmington (30906)
  • County: NEW CASTLE
  • Cross Streets: W 25th
  • Driving Directions: Madison St and 25th St
  • City Limits: Yes

School Information

  • School District: Red Clay Consolidated

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Detached
  • Construction: Frame, Brick
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Partial, Outside Entrance
  • Foundation: Concrete Perimeter
  • Stories/Levels: 2
  • Square Feet: 2,675
  • Sq. Ft. Source: Assessor
  • Living Area: 2,675 Sq. Ft.
  • Finished Above Grnd: 2,675 Sq. Ft.
  • Year Built: 1924
  • Year Built Source: Assessor
  • Property Condition: Very Good

Unit Information

  • Other Units: Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,614
  • Lot Size Source: Assessor
  • Lot Dimensions: 20.00 x 87.50
  • Zoning: 26R-3

Financial Considerations

  • Price Per Sq. Ft.: $140.19
  • Assessment Year: 2025
  • School Tax: $2,521
  • City/TownTax: $1,319
  • City/TownTax Freq: Annually
  • County Tax: $152
  • County Tax Freq: Annually
  • Tax w/Assessment: $352,600
  • Tax Amount: $3,992
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2675

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Lot Number: 189

Listed by Realty Mark Cityscape, Huajun Zhou

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Listing agent

— 2423 N Madison St —

  • Huajun Zhou

    Realty Mark Cityscape

Listing Office Email: raygaber@comcast.net

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2423 N Madison St

School District:Red Clay Consolidated School District
NameGradesDistance
Warner Elementary School
801 West 18th Street, Wilmington, DE 19802
K-50.4 mi
Dickinson (John) High School
1801 Milltown Road, Wilmington, DE 19808
9-127.3 mi
Skyline Middle School
2900 Skyline Drive, Wilmington, DE 19808
6-88.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2423 N Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/07/2026
Listed
$375,000
95.12%
MLS
7/02/2021
Sold
$192,188
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2423 N Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,372
29%
$352,600
500%
2024
$1,835
15%
$58,800
—
2023
$1,594
—
$58,800
—
2022
$1,602
-42%
$58,800
—
2021
$2,772
72%
$58,800
—
2020
$1,608
1%
$58,800
—
2017
$1,598
5%
$58,800
—
2016
$1,515
8%
$58,800
—
2015
$1,401
-13%
$58,800
—
2019
$1,617
27%
$58,800
—
2014
$1,275
2%
$58,800
—
2013
$1,255
—
$58,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Realty Mark Cityscape, Huajun Zhou

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2423 N Madison Street, Wilmington, DE 19802 (MLS# DENC2112648) is a Single Family property with 0 bedrooms and 0 full bathrooms. 2423 N Madison Street is currently listed for $375,000 and was received on October 07, 2026. Want to learn more about 2423 N Madison Street? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

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